Davis County, Iowa Real Estate & Personal Property Auction

Monday, July 10, 2017 at 5:00 p.m.

PERSONAL PROPERTY SELLS AT 5:30 P.M.

Auction to be held on the farm 22779 170th Street, Bloomfield, Iowa 52537

46.22 Surveyed Acres • 2 Tracts

LOCATION

Land is located in Section 6, Perry Township, Davis County, IA (3.5 miles north of Bloomfield, IA). From the north edge of Bloomfield, IA go north on St. Hwy. 63, 3 1⁄2 miles to 170th St. Turn right or east on 170th St. and proceed 1⁄2 mile to the farm. (Be watching for presale directional signs.)

TRACT INFORMATION

Tract 1 – 2.13 Surveyed Acres

This tract is improved with a 2 bedroom, single bath home that offers 912 sq. ft. of living area. Other amenities include a wood deck and a walkout basement. There is also a 24’ x 30’ detached garage/shop included on the property. This home will require repairs to the plumbing, as well as other repairs, prior to moving in.

Access is on the north by 170th Street.

Tract 2 – 44.09 Surveyed Acres

FSA figures should indicate 31.28 acres tillable that is currently in hay production.

Soils include Rinda, Seymour & Clarinda.

CSR2 is 46.7

This tract sells free and clear of any farm lease.

Access is on the north by 170th Street.

METHOD & TERMS

Tract 1 will be sold first for a LUMP SUM total dollar amount. Tract 2 will be offered next on a price per acre basis, based on a survey that has recently been completed. Said surveyed acres will be used to constitute the final settlement price. The farm will be sold in two individual tracts and will NOT be combined at the conclusion of the auction.

Ten (10%) percent of the bid price to be due on the day of sale with the balance due in approximately 30 days, on or before August 10, 2017 upon delivery of a merchantable abstract and deed. Immediately following the auction, the successful buyer(s) shall enter into a written agreement with the sellers. The real estate taxes will be prorated to the date of closing. Full possession will be given at the time of closing.

All announcements sale day shall take precedence over any prior advertising either written or oral. The information in this brochure is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to the property. This real estate is being sold “as is”.